SolarCity Predicts 60% Increase in Installed Capacity in 2013
Due to the growing stability of the US solar panel market, SolarCity expects to install 60% more capacity in 2013 than it did last year.
The California-based company installed 72MW in 2011 and then 156MW in 2012. It has still to make an actual profit.
How do these companies find investors. I haven't heard of many solar/wind projects that have ever made any money. Any idea who is funding them?
Thats right, Obama's love for renewable energy sees large companies such as SolarCity survive when any other business would have gone under long ago. Solyndra just took it a bit too far.
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